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Dragon's Den |
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#4001 |
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Forum Member
Join Date: Jul 2006
Location: Now fully retired
Posts: 3,055
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The first guy this week asked for money on the basis that the Co. was worth £2 1/2m, but admitted that in reality it was only worth abt £1m.
Normal practice in the retail business, surely? Any shop will want you to pay top dollar, while, all the time, hoping that you won't see through the smoke and mirrors as the product is really only worth a fraction of retail. |
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#4002 |
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Forum Member
Join Date: Oct 2009
Posts: 2,445
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Quote:
The first guy this week asked for money on the basis that the Co. was worth £2 1/2m, but admitted that in reality it was only worth abt £1m.
Normal practice in the retail business, surely? Any shop will want you to pay top dollar, while, all the time, hoping that you won't see through the smoke and mirrors as the product is really only worth a fraction of retail. An investor might be willing to pay more if they see vast potential in it or if they are trying to outbid another investor. If no-one wants to invest, then argubly the business isn't worth anything, despite what the owner might think. Try selling something on Ebay with a starting price of 99p. If you only get one bid, you've sold it at 99p irrespective of what you think it's worth. If you get two or more bidders, the item will sell for whatever price the winning bidder is prepared to pay i.e. what they think it's worth. The thing with DD is that too many pitchers tend to over-state what their business is really worth. They look at it as what it is worth to them, not what it may be worth to an investor. That always, always, annoys the Dragons, especially Jones. This weeks guy with the Pro Gains pitch was a case in point. |
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#4003 |
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Forum Member
Join Date: Jun 2009
Posts: 8,139
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Quote:
How much does these bloody amps cost to make!
How durable is the cable exactly? Since they've apparently only tested one. How did they make even the three samples if they can only order a minimum 10km (!) at a time? And as you said, how much would the cable cost? How many would they sell? (And wouldn't a wireless adaptor be an even better idea?) Quote:
I had to laugh at the Splash Maps, so impractical
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People only use proper maps in the hills these days, there are a bunch of maps on their website of citys, have they not heard of google maps
Get hold of a proper 1:50000 or 1:25000 OS map, and look at it side-by-side with a Google map version. There is absolutely no comparison. The OS map will have a plethora of detail missing from the Google one.(However I believe you can get OS maps online as well for a fee.) |
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#4004 |
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Forum Member
Join Date: Oct 2011
Location: The Nth East
Posts: 21,590
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This ones got me baffled.
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#4005 |
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Forum Member
Join Date: Oct 2008
Location: Ed Balls
Posts: 13,220
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It never ends well when they want to keep one business to themselves and get the dragons to invest in a new business.
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#4006 |
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Forum Member
Join Date: Jun 2002
Posts: 2,281
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Pointless business, every gift shop and their dog will be offering it when the technology prices inevitably come down in price
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#4007 |
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Forum Member
Join Date: Sep 2011
Location: 🇬🇧
Posts: 60,766
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16 grand a year profit. Hardly a huge success.
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#4008 |
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Forum Member
Join Date: Sep 2011
Location: 🇬🇧
Posts: 60,766
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Wowsers Hubba Hubba.
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#4009 |
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Forum Member
Join Date: Jun 2002
Posts: 2,281
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What is this "business" supposed to be achieving exactly
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#4010 |
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Forum Member
Join Date: Jan 2008
Posts: 15,483
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Touka really comes across as a deeply, unpleasant unscrupulous man.
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#4011 |
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Forum Member
Join Date: Sep 2011
Location: 🇬🇧
Posts: 60,766
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Quote:
Touka really comes across as a deeply, unpleasant unscrupulous man.
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#4012 |
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Forum Member
Join Date: Jul 2011
Posts: 69
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Quote:
40% is a joke.
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#4013 |
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Forum Member
Join Date: Sep 2011
Location: 🇬🇧
Posts: 60,766
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Quote:
Has he ever said another amount?. he always seems to say 40%
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#4014 |
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Forum Member
Join Date: Oct 2011
Location: The Nth East
Posts: 21,590
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Always the same with Touker, he asks for a much higher percentage, everytime.
A thimble to fold paper, lmao!
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#4015 |
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Forum Member
Join Date: Jul 2011
Posts: 69
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Code:
g Quote:
Always the same with Touker, he asks for a much higher percentage, everytime.
A thimble to fold paper, lmao! ![]() |
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#4016 |
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Forum Member
Join Date: Oct 2011
Location: The Nth East
Posts: 21,590
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Quote:
Wonder if Debra will keep one for future shows after what she said? Hehe.
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#4017 |
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Forum Member
Join Date: Sep 2011
Location: 🇬🇧
Posts: 60,766
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He is just lying about the figures.
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#4018 |
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Forum Member
Join Date: Oct 2011
Location: The Nth East
Posts: 21,590
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Oh dear, this ones not going well :/
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#4019 |
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Forum Member
Join Date: Aug 2009
Posts: 6,441
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Deborah does not appear to be a fan of Touker.
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#4020 |
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Forum Member
Join Date: Jan 2008
Posts: 15,483
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Quote:
Deborah does not appear to be a fan of Touker.
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#4021 |
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Forum Member
Join Date: Sep 2011
Location: 🇬🇧
Posts: 60,766
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Drumroll for the pork scratching.
These 2 are pretty slick.
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#4022 |
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Forum Member
Join Date: Jun 2002
Posts: 2,281
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Groan
There is a clue in why they've remained unchanged for 200 years lads! |
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#4023 |
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Forum Member
Join Date: Sep 2011
Location: 🇬🇧
Posts: 60,766
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Not so slick now when asked for a breakdown of the figures.
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#4024 |
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Forum Member
Join Date: Oct 2011
Location: The Nth East
Posts: 21,590
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Oh dear, blew it on the figures.
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#4025 |
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Forum Member
Join Date: Oct 2008
Location: Ed Balls
Posts: 13,220
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James Caan is out for religious reasons.
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